PocketOption is a binary options broker that only recently popped up on the market. Pocket Option offers binary trading with over 100 underlying assets, as well as a free demo account that is available to all interested traders. The minimum deposit with this broker is $50, and minimum trade only $1, which makes this broker very interesting for traders who want to trade with smaller amounts.
This binary options broker also offers multiple mobile trading apps as well as the responsive design that will make options trading easier no matter where you are and what you do. To find out more, read our Pocket Option review.
Pocket Option Broker
Pocket Option offers several levels of accounts. There are seven different profile levels available, but you will learn about them only when you decide to make a real money deposit.
Pocket Option profile levels:
- Stranger – 0 trades
- Newbie – $50+ deposit; 1+ bets
- Beginner – $100+ deposit; 100+ bets
- Experienced- $500+ deposit; 1000+ bets
- Master – $1000+ deposit; 3000+ bets
- Pro – $3000+ deposit; 5000+ bets
- Guru – $5000+ deposit; 10000+ bets
Pocket Option maybe doesn’t have any special real account types, but it does offer a demo. If you want to use the demo account, you don’t even need to register first. Simply hit the button that says ‘Start with One Click’. We were immediately redirected to the demo account. The PocketOption demo account is equipped with incredible $10,000 in virtual money. This amount can be used for you to test and get used to the platform. Every now and then, you will receive a special notification reminding you to make a real deposit, but you can easily close it.
Pocket Option review showed that the demo trading platform is very true to the real trading platform. Traders should definitely take some time to explore it and find out more about how to utilize all trading instruments, features and settings available on the platform.
PocketOption Bonus Policy
PocketOption is also promising some bonuses. In order to find out more, we decided to take a look at deposit bonus terms and conditions, also known as bonus policy. This is always a good thing to do as it provides a much deeper insight into all the details regarding different bonus conditions. Unfortunately, Pocket Option terms and conditions offered little to no information about the bonus requirements. We advise you think twice before accepting the bonus as it can highly affect deposit and withdrawal terms, including your ability to withdraw money.
Pocket Option Trading
PocketOption is using a proprietary platform that was developed in-house. The platform is very dynamic and offers illustrated chart. For some traders, this might be a little too much as it makes market following somewhat difficult, but it is still pretty interesting approach. The platform has a web-based interface and an interface that
When it comes to available underlying assets, traders can choose among currencies, cryptocurrencies, commodities, and stocks. Promised payouts go up to 96% but we were unable to verify this piece of information. The entire menu that is used for platform navigation can be found on the left side of the platform, and the middle is reserved for a dynamic chart that also shows how others are trading. That way, Pocket Option can also be used for social trading and copy trading. On the right side, traders will also find a special tab called ‘Social trading’ where they can copy trades directly. However, the platform lacks more clear instructions on how to use social trading and trading instruments. At least, you have a demo you can use before real trading takes place. Make sure to use it on time!
Pocket Option Mobile trading
Pocket Option is offering a mobile trading app for Android. This makes trading much easier when you are on the go. All you have to do is download it and log in. That way, you will always have easy access to your trading account. You never have to miss a trade again!
Pocket Option Gems for Benefits
Pocket Option also added a gaming element to the trading process. Depending on their trading, users can collect different gems and exchange them for real trading benefits. There are also some rare gems that are hard to get. You can collect gems and get real Bronze, Silver, and Gold awards. For example, if your trades have been copied 5 times, you get 20 points in experience plus 2 red rubies. There are Common, Rare and Legendary awards waiting for you.
PocketOption has a very interesting concept of customer support. For example, as long as you are on the homepage, you won’t be getting any live chat pop-ups. You need to go to the Contact page and click live chat in order to talk with an agent. Once you start trading and enter the trading room, even with a demo account, you will see a live chat button in the lower right corner. We have to admit that agents could put more effort into learning all features and benefits offered on the trading platform.
Besides live chat, traders can also use email and toll free phone.
There is also Educational section listed on the homepage menu, but once we clicked it, it asked us to log in or register. Even though we registered, we were unable to find any learning materials immediately. Only after thorough research, we found some videos and FAQs in the Help section. There, you can also follow all your conversations with customer support.
Gembell Limited is the company behind Pocket Option. We did not receive any complaints about PocketOption scam but make sure to do your own research before you start trading with this binary options broker.
Pocket Option Minimum Deposit
PocketOption users can deposit only in USD or cryptocurrencies. Pocket Option minimum deposit is $50 USD. There are plentiful of depositing methods available:
- Credit card
Traders can also use their USD to buy and sell cryptos via exchanges. Cryptos offered are bitcoin, litecoin, dogecoin, ethereum, primecoin, zcash, blackcoin, emercoin, reddcoin, and dash. The broker is not mentioning any fees in terms and conditions. Minimum withdrawal is only $10.